credit period N to her/his customer to stimulate sales and reduce inventory. From the retailer’s perspective, granting trade …’s inventory system as a profit maximization problem to determine the retailer’s optimal replenishment decisions under the supply …

The paper develops a simple theoretical model of inventory control in global supply chains. It identifies a role for … intermediaries in managing inventory, and shows that inserting an intermediary as an additional link in a supply chain is profitable … when demand volatility is high. It also provides conditions under which the intermediary handling inventory is located in …